U.S. Constitution Inscribed on Bitcoin Blockchain
- An anonymous user inscribed the U.S. Constitution on the Bitcoin blockchain.
- The transaction was significant in size, totaling 44.4 kilobytes.
- The user paid approximately $83 in transaction fees for this inscription.
- This was made possible by a change removing the byte limit from Bitcoin’s “OP_RETURN” field last year.
- The act sparked debates among developers about Bitcoin’s use for data storage versus financial transactions.
An anonymous individual has permanently etched the text of the U.S. Constitution onto the Bitcoin blockchain, utilizing a recent change that removed byte limits from Bitcoin’s OP_RETURN field, allowing larger inscriptions like this one to occur.
This significant event highlights ongoing discussions within the crypto community regarding the evolving purposes of blockchain technology beyond traditional financial transactions, as demonstrated by an $83 transaction fee for a large-scale inscription compared to smaller typical transactions costing much less.
(Source)
